Tender Update 03.11.2026

🇯🇴 Jordan Makes No Purchase In 120,000-Tonne Wheat Tender

Jordan’s state grain buyer is believed to have made no purchase in an international tender for 120,000 tonnes of milling wheat that closed on November 3, according to European traders.

📌 Key details:

• Buyer: Jordan’s state grain buyer
• Commodity: milling wheat
• Tender volume: 120,000 tonnes
• Result: no purchase reported
• Participants: Cargill and Bunge
• Tender closing date: November 3

📅 Next tender expected:

• New tender: expected to be issued in the coming days
• Anticipated closing date: November 10
• Expected shipment periods: January and February 2027

🌾 Jordan is expected to return to the international wheat market shortly, with a new tender covering January–February 2027 shipments.

🇰🇷 South Korea’s CAPI Buys Up To 67,000 Tonnes Of Feed Corn

South Korean importer Cargill Agri Purina (CAPI) purchased up to 67,000 tonnes of animal feed corn in an international tender on November 3, according to European traders.

The corn must be sourced exclusively from South America or South Africa, with the final volume depending on the selected origin.

📌 Key details:

• Buyer: Cargill Agri Purina (CAPI)
• Commodity: animal feed corn
• Volume: up to 67,000 tonnes
• Seller: reportedly CJ International
• Origins: South America or South Africa only
• Expected arrival: around February 20, 2027

💰 Purchase pricing:

• Outright price: $264.69/tonne C&F for 52,350 tonnes
• Remaining volume: premium of 211.59 US cents/bushel C&F over the Chicago March 2027 corn futures contract
• Additional surcharge: $1.20/tonne for extra port unloading, applicable to both pricing arrangements

🚢 Volume by origin:

• South America: 67,000 tonnes
• South Africa: 55,000 tonnes

📊 Market context:

The purchase combines a fixed-price component with a futures-linked premium, providing two pricing structures within the same transaction.

The final shipment volume will depend on the origin selected by the seller.